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Informist, Tuesday, Dec. 23, 2025

 

By Pallavi Singhal

 

NEW DELHI – Futures contracts of turmeric rose while those of jeera and coriander fell on the National Commodities and Derivatives Exchange Tuesday. Turmeric prices continued to rise on strong seasonal demand and tight supplies while coriander and jeera fell on profit-taking, analysts said.

 

At 1508 IST, the most-active April contract of TURMERIC was up 2.7% at INR 16,652 per 100 kg, supported by seasonal demand and tight supplies due to last year's smaller crop, SMC Global Securities said. Fresh arrivals from the new crop are likely to begin in January, the brokerage said. Higher sowing coverage and favourable weather conditions suggest production should be higher than last year, which may weigh on prices, the brokerage said. But carry-forward stocks are at record-low levels relative to historical averages, which will keep prices high, the brokerage said.

 

The most-active January contract of JEERA was down 0.8% at INR 21,900 per 100 kg on profit sales after prices rallied Monday, Alok Pandey, spices analyst at SMC Global said. However, the downside is likely to be limited by a fall in acreage in the current sowing season and consistent demand, he said. Weather-related delays and uneven rainfall continue to hinder sowing in the current rabi season, providing near-term support to prices, Kedia Advisory said.

 

The most-active January contract of CORIANDER was down 1% at INR 10,520 per 100 kg on profit sales after prices touched the upper circuit Monday, Pandey said. However, sentiment remains bullish on reports of lower sowing coverage and higher export demand, he said. Farmers are reportedly shifting to more profitable crops like wheat and chana, keeping overall coverage lower this season, he added.

 

Contract	Exchange	Unit (kg)	Price (INR)	Change (INR)
Coriander Jan	NCDEX	100	10,520	(-)108
Jeera Jan	NCDEX	100	21,900	(-)175
Turmeric Apr	NCDEX	100	16,652	436

 

End

 

Edited by Nishant Maher

 

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